v3.26.1
Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of the Reconciliation of the Basic and Diluted Weighted Average Number of Shares Outstanding
The following table summarizes the reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding:
Three months ended March 31,
20262025
(in US $ millions, except share and per share amounts)
Numerator:
Net loss(581)(682)
Denominator:
Basic weighted average number of shares outstanding1,303,357,8741,295,377,376
Weighted average effect of dilutive securities:
Stock options
Restricted share units
Deferred share units
Diluted weighted average number of shares1,303,357,8741,295,377,376
Net loss per share:
Basic$(0.45)$(0.53)
Diluted$(0.45)$(0.53)
Common stock equivalents excluded from net loss per diluted share because they are anti-dilutive:
Stock options12,211,40914,767,620 
Restricted share units4,058,5545,300,232 
Convertible senior notes(1)
6,388,480 
Deferred share units5,65715,488 
16,275,62026,471,820 
(1) In the third quarter of 2020, the Company issued $920 million aggregate principal amount of 0.125% convertible senior notes. The convertible senior notes were settled in the fourth quarter of 2025 with no further dilutive effect on securities thereafter.